Table 7-10
The following table represents the costs of five possible sellers.
-Refer to Table 7-10. If the market price is $1,200, the producer surplus in the market is
A)$100.
B)$800.
C)$400.
D)$500.

Question

Table 7-10
The following table represents the costs of five possible sellers. 
-Refer to Table 7-10. If the market price is $1,200, the producer surplus in the market is
A)$100. 
B)$800. 
C)$400. 
D)$500.

Quizplus · Accepted Answer

The Answer of Table 7-10
The following table represents the costs of five possible sellers. 
-Refer to Table 7-10. If the market price is $1,200, the producer surplus in the market is
A)$100. 
B)$800. 
C)$400. 
D)$500.

Table 7-10 The Following Table Represents the Costs of Five Possible Sellers